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. paul krugerman has said liberal firebrand in the "new york times" said it's a horrible idea. terrible, stupid idea and this is not something that the white house should consider at all. >> let's bring back the rest of the panel. ceo of pimco, and mark zandy a is a chief economist with moody's analytics. mark, when you say we're the cleanest dirty shirts, i wonder when it comes to negotiations we are there are republicans who will not accept taxing the marginal income. the income above $1 million and increasing that tax on the rich and you've got some democrats who won't agree to this idea of a chained cpi. bottom line mohammed, there are going to have to be tough decisions, you cannot win budget concessions without tough decisions. when you guys are looking at how the united states solves its problems, what are the obvious ways? >> the obvious way is to get together and recognize that you can only solve a long-term debt issues in the context of high growth. you approach the fiscal problem in a way that makes sure that you also promote economic growth. so that has two implications. one
like new york, like london has, have congestion pricing so it's not a free good. make people who use the car pay for it and tilt the balance of our infrastructure funding using some of those funds to rebuild our public transit infrastructure. as you know, i've traveled into new york all the time and travel into canada all the time. my wife always reminds me to difference of traveling into pearson airport versus the new york, our greatest city in the world, airports. we've got to put a little more money. we know airplanes according to a whole range of recent studies are big economic generators. act on the same plane as our high-tech industry clusters. we need to rebuild our airports, invest in our public transit as well as keeping our roads going. but let's pay for the roads. >> ken, i see you nodding. do you think there are some things that rank higher than other things or should this be done as a portfolio, that there are a lot of things that need to be fixed? richard made a reference to the $2 trillion number to get our infrastructure on a national level up to a reliable point. >>
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